A monopolist faces the prices and variable costs shown in the table below. They also have fixed costs of $100. Output    Price      Total Variable Cost 0                $300                  $0  1                $280.              $100 2                  $270               $190 3.                 $250                $270 4                  $200               $340 5                  $150                $420 6                   $100               $510 7                   $50                  $610 What will be the short-run profit of this firm? 0 a. $380 O b. $360 O c. $250 d $230 0 e. $80  What will be the long run profit of this firm? a. 380 b.360 c. 250 d. 230 e. 80

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